Based on the last 12 Inflation Rate YoY events in Canada, we expect USDCHF to trend upwards later today. Based on these past events there is a 80% chance of this. We expect USDCHF to trend upwards 48 hours following the event release at 19 Nov 00:30 if the released value is < 0.4%. A price movement of 59 pips is expected. Historical events that allowed us to draw this conclusion

16 Sep 22:30	19 Aug 22:30
17 Jun 22:30	20 May 22:30
22 Apr 22:30

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).